PCSB, $300 Checking Account Bonus (NY)

Putnam County Savings Bank in NY has a $300 signup bonus offer for new True Local Premium Checking accounts. Most likely you need to go into a branch to open the account and there’s not much info online about the details.

Bonus Requirements

Earn up to $300 in Bonus Cash with a new True Local Premium Checking account. Open your account with:

Direct Deposit
Online Banking

Receive bonus cash:

90 days = $100
180 days = $200

Looks like you need to set up direct deposit and online banking. Then you likely need to have a direct deposit per month for three month to get the $100 bonus and for six months to get the other $200. But it could be that only one ridect deposit is enough and you just need to keep the account open for 6 months.

Eligibility

Offer is available in NY only where all the branches are located.

Fees

Simply maintain either a $2,500 monthly average balance in checking, a $5,000 combined average balance in checking and savings, or a $25,000 outstanding balance on a PCSB loan to avoid monthly maintenance fees.

Guru’s Wrap-Up

A good bonus but the details are not really clear. You also need to go into a branch or maybe open account by phone. There’s very little info about the bank, so if you’re familiar with it, please let me know. There’s no expiration date either, so hopefully it;s still going on. Worth a check if you’re in the area.

If this bonus is not for you, then you can check our full list of available bank bonuses.